With everything that’s going on in the world right now, this global pandemic can seem scary,
not the virus itself but the fear of not being able to get groceries and supplies to live a normal life without fear.
I’m sure you feel as frustrated as going to every single grocery store and not being able to find the essentials like toilet paper, water, can food, alcohol, etc well you get it.
Unfortunately, this is something out of our control, the good news is that we can control how to prepare for an economic collapse.
Think about it, this is not our first rodeo worldwide, back in 2007 there was the swine flu but I don’t remember schools closing down
But I do remember that it led to a recession. My mom used to take me with her to knock on doors to see if people wanted us to clean their homes for money.
I can still remember my mom’s pain and frustration. At the time she was a single mom of 4 teenagers,
This is what drove me to educate myself financially and grow an online business.
It’s not enough to stock up your pantry with can food and toilet paper but to practice a financial online skill that can give you money.
The only thing that left is to prepare for the aftermath. Here are 5 ways to prepare for an economic collapse:
1. Have an Emergency Fund
Set some money aside every time you get paid and learn to master your money and emotions
This is key to save, save and save. Sure you might have to go to work, but think about how important this is.
Budgeting can really be a lifesaver, especially if prices go up.
By learning to control your emotions will really help you out when everybody else is panicking
2. Learn How The Market Moves
Yes, learning things like online marketing, blogging, trade forex everything online can help you prepare for times like this,
where you can work from home doing what you love.
I can help you get valuable insights and shifts in the economy, ongoing market trends and demographics.
It’s one of the vital components to help business with essential information and making wise decisions.
Blogs like Babypips.com and Forexfactory.com can help you learn the basics of understanding the markets.
3. Trade Forex/ Stocks:
If you want money, you’re going to have to give it attention and money loves attention!
In other words, learn how the market moves so you can learn to make money when the market crashes.
Often, forex traders and experienced investors make money during an economic collapse.
The Forex Exchange (Forex) is the marketplace for trading all the world’s currencies.
It’s possible to catch lots of markets moves, which makes it more accessible than any other online trading market.
4. DIY Most Things
Recently, I’ve noticed that most stores are charging way too much money for the essentials because of the demand in products.
I keep seeing posts on social media filled with fear.
Being an introvert has always made me feel people’s vibrations on a deeper level.
I’m that girl who won’t go out and sit on her computer for hours the whole time.
Learning how to make my own soap from scratch and shampoos had saved me money, time and a trip to the store.
There so many things that I want to learn but at the moment I make flour tortillas, soap, shampoo and face wash from scratch.
Cryptocurrencies are not dead like I mentioned above watch for the market.
We’re evolving as a race in a digital world, everything is pointing to digital.
Cryptocurrencies are an important source of investment right now and you can expect your transactions to be highly confidential.
You don’t need to deal with a third party when it comes to crypto and can make a transaction no matter where you are in the world.
To avoid Identity theft, you decide what information you want to share with the merchant.
6. Online Marketing
Blogging has given me the freedom to express myself and share my passions, something that I’d never thought I could do.
Even If you always wanted to start that business but you never do it, it’s so much easier and cheaper to do it online.
Maybe you want to open a traditional business in the future…
Guess what! you can totally do that with your online business earnings and your online marketing experience you can grow your traditional business fast too.
My blog it’s been a fun journey that I’m willing to share with anyone, the
Building an online business it’s hard work if you don’t have the right guidance but fairly simple when you have someone walking you step by step to achieve maximum success.
An aspect that is rarely available with traditional marketing is the ability to measure and track results.
Using online tools to track the results of your advertising campaigns can help illustrate the progress of your marketing.
All of these made me realize that we are really one, meaning one race. If we harm ourselves we end up harming everyone.
The best way to create chaos is by separation and that is because we are all connected.
I know that it can be scary to feel people’s fear but right now is the best time to keep a strong mindset and being grateful.
People are constantly making sacrifices in order for us to receive blessings.
Every time I encounter someone who’s spreading bad energy
I understand that they’re sacrificing their own awareness and harming themselves so I can learn to keep calm and find solutions.
You can stock up with all the can food and water but it won’t be enough.
Learning new skillsets to anticipate an economic collapse and how the world is feeling.
Being aware of what’s really going on and keeping calm are proven ways to help you in a financial crisis.
Mastering your money will help you master your emotions and vice versa.
In my opinion, there’s no better way to make your money than online would you agree?
If you do, make sure you drop a comment below!